“Our outlook for 2022 was that we’d see more spikes in volatility. “Volatility is here to stay,” Anna Han, equity strategist at Wells Fargo Securities, said on Bloomberg Television. Markets have swung sharply and stocks are nursing losses this year as officials pare stimulus to check inflation.

tech giants are a challenge for dip buyers hoping that corporate performance will assuage worries about central bank interest-rate hikes. The poorly received earnings reports from the U.S. Oil eased from a seven-year high and gold was steady at around $1,807 an ounce. Treasury yields dipped and a dollar gauge snapped a three-day retreat. Policy decisions from the ECB and the Bank of England are due Thursday. 28), according to Barron's.Tata Steel, SpiceJet, Future Enterprises, Hero MotoCorp, Cipla stocks in focus on 23 SeptemberĪ strong regional inflation print is buttressing the euro and adding pressure on the European Central Bank to reconsider its dovish stance. It should be noted that the stock market as a whole has been down, with stocks 'swinging from losses to gains' on Friday (Jan. All in all, it doesn't look good for Spotify stock, which has already dropped 45% in value in the past year. “I stand in solidarity with Neil Young and the global scientific and medical communities on this issue.” The hashtags #DeleteSpotify and #CancelSpotify also began trending on Twitter.Īccording to Forbes, Spotify's investors are becoming worried about the service's standings among the controversy, especially if other artists follow in Young and Mitchell's footsteps.

The folk musician removed her catalog off of the platform. “Irresponsible people are spreading lies that are costing people their lives,” Mitchell says via her website. Joni Mitchell is the latest to chime in on the controversy. Disturbed's David Draiman praised spotify for 'making the right call' and for 'preserving free speech.' On the other hand, Sebastian Bach slammed artists who side with Rogan over Young, saying, 'Imagine calling yourself a rocker yet siding with some dude who has a podcast over Neil Young.' There are musicians in support of both sides.

Spotify stock drop